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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
May 15, 1901
Page
2
New Orleans market showed steady prices amid modest demand for higher grades while bearish sentiment softened futures. Overnight activity saw July contracts advance briefly before profit-taking and poor overall interest left values near last night’s close. spot quotations varied by city with several markets steady to slightly higher or lower.
Regional cotton markets report steady to easier trading across centers. Prices vary by location with middling ranges between 64 and 74 percent, receipts and stocks noted for Savannah, Galveston, Wilmington, and other hubs.
Liverpool cables lower opened weak with some long selling but shorts covered. Bullish news from Alabama central belt and favorable weather kept caution. new crop months attracted buyers while reports of rising Lancashire shipments dampened futures. Wall Street weakness followed and large cap stock selling pressed prices. Bailey and Morgan stock activity noted amid broader market dip. overall tone mixed with potential upturn in cotton on favorable weather and demand.
The market opened uneven on May 14 with futures little changed and slight declines in New York as cables showed weakness in Liverpool. After a brief uptick from improved demand, buying was cautious and profit takers trimmed gains, leaving prices near unchanged. Weather news dominated trading with forecasts and weekly crop condition summaries guiding moods, while traders anticipated reports and potential bullish or bearish shifts.
London stock market shows dead silence and universal stagnation. Americans are largely sidelined as cash sales replace normal dealings, with minor hopes for later recovery. In New York, stocks closed amid mixed signals, railways and industrials strong on consolidation plans, while US Treasury funds show available cash balances of 97,245,788.
Fragmentary OCR shows stock and bond figures and rail bond references with scattered numbers and names. The readable items include rail bond values and dates like 64.05 and 1910 115, plus partial place markers and company codes, all in jumbled order.
May 14 Chicago wheat eased on reports of rain and damage in the west while corn rose on strong demand. July futures drifted, then recovered with bull buying from commission houses, and oats and provisions followed with mixed strength. Local receipts and country buying supported higher close amid cautious selling.
Atlanta May 14 market notes show cows and heifers trading around 6064.75 total, bulls 3603.73, commodities including Texis and Indian stops 3/S0 5.25, sheep receipts and lambs, spring lambs 6477-25, culls and bucks. Dairy and fruit prices listed for Georgia and California, with varied wholesale figures across staples like coffee, sugar, nuts, cheese, and produce.
The clip lists varied commodity prices from Florida vegetables to spirits turpentine, rosin, coffee and sugar, plus metals and cotton markets. It notes softer demand and slow arrival conditions for vegetables and fruits, with price ranges for crates of beans, peppers, tomatoes, lettuce, and berries. It records futures and spot prices for coffee, sugar, cotton seed, and petroleum products, and mentions Western and Liverpool market levels for wheat and tin.
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